Data as of Oct 28, 2026.

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MINT vs SHY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MINT returned +4.2% to SHY's +1.6%, and SHY charges 0.15% to MINT's 0.36%.

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Net assets: $16.4bn on Jun 30, 2026 for PIMCO Enhanced Short Maturity Active Exchange-Traded Fund, and $27.4bn on Oct 27, 2026 for iShares 1-3 Year Treasury Bond ETF.

At a glance
+4.2%
MINT total return, 1 year
+1.6%
SHY total return, 1 year
0.36%
MINT expense ratio
0.15%
SHY expense ratio

Pair scorecard

SHY costs 0.21 points a year less; their one-year returns differ by 2.6 points.

MINT vs SHY: Differences, Returns & Fees
MeasureMINTSHY
Return
Total return, 1 year+4.2%+1.6%
Benchmark
What it tracksNo index, actively managedICE U.S. Treasury 1-3 Year Bond Index
Cost and size
Expense ratio0.36%0.15%
Net assets, MINT as of Jun 30, 2026 and SHY as of Oct 27, 2026$16.4bn$27.4bn
Holdings
Holdings in common0%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

Risk and return

Nov 27, 2009 to Oct 23, 2026 · 882 weekly returns
MINT SHY
Return
Total return edge MINT +42.4% +24.8%
Annualized edge MINT +2.1% +1.3%
Price return edge MINT +0.5% −3.3%
Risk
Volatility edge MINT (slight) 1.1% 1.3%
Max drawdown edge MINT −4.6% −5.6%
Risk-adjusted
Sharpe edge MINT 0.50 −0.17
Sortino edge MINT 0.59 −0.24
Calmar edge MINT 0.46 0.24
Reading

MINT returned more: +42.4% to +24.8%. MINT swung slightly less: 1.1% to 1.3%. MINT fell less at its worst: −4.6% to −5.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: MINT vs SHY: Differences, Returns & Fees
MeasureMINTSHYEdgeHow it is measured
Return
Total return+42.4%+24.8%MINTPrice change plus distributions, reinvested.
Annualized+2.1%+1.3%MINTTotal return as a yearly rate.
Price return+0.5%−3.3%MINTPrice change alone, distributions left out.
Risk
Volatility1.1%1.3%MINT (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation1.0%0.9%SHYLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−4.6%−5.6%MINTDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.50−0.17MINTReturn above Treasury bills per unit of volatility.
Sortino0.59−0.24MINTReturn above Treasury bills per unit of downside deviation.
Calmar0.460.24MINTAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 882 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, MINT and SHY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MINT SHY
Only in one fund ↓
Only in MINT
U.S. Treasury Notes, due May 31, 2031 6.21%
Federal National Mortgage Association REMICS, due Sep 25, 2054 1.12%
Federal Home Loan Mortgage Corp. REMICS, due Nov 25, 2054 0.99%
Sumisho Air Lease Corp., due Aug 15, 2026 0.87%
HSBC Holdings PLC, due Jun 9, 2028 0.77%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust, due Oct 29, 2026 0.77%
Trillium Credit Card Trust II, due Mar 26, 2031 0.71%
International Bank for Reconstruction & Development, due Sep 23, 2026 0.70%
Only in SHY
U.S. Treasury Notes, due Apr 30, 2028 1.97%
U.S. Treasury Notes, due Jan 31, 2028 1.71%
U.S. Treasury Notes, due Jun 30, 2028 1.61%
U.S. Treasury Notes, due Apr 30, 2029 1.51%
U.S. Treasury Notes, due May 31, 2029 1.49%
U.S. Treasury Notes, due Aug 15, 2027 1.48%
U.S. Treasury Notes, due Jun 30, 2029 1.47%
U.S. Treasury Notes, due Feb 15, 2028 1.40%
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Side by side

MINT PIMCO Enhanced Short Maturity Active Exchange-Traded Fund SHY iShares 1-3 Year Treasury Bond ETF
Where it sits Bond ETF Bond ETF
Issuer PIMCO iShares
What it is Actively managed Tracks an index of 1-3 Year Treasury Bond
Total return, 1 year +4.2% +1.6%
Its benchmark over the same days not measured +1.7% (BBSB)
Gap to its benchmark not measured −0.1 pts vs BBSB
Expense ratio 0.36% 0.15%
Holdings 977 90
Net assets, MINT as of Jun 30, 2026 and SHY as of Oct 27, 2026 $16.4bn $27.4bn

MINT and SHY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-488ADFE5EF

MINT and SHY do different jobs. What does each one do in a portfolio?

  1. What each follows. MINT follows No index, actively managed and SHY follows ICE U.S. Treasury 1-3 Year Bond Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Jun 30, 2026 and Aug 31, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 MINT returned +4.2% and SHY +1.6% with distributions reinvested, a gap of 2.6 points.

Data as of Oct 28, 2026.

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About each fund
MINT

MINT is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.2% with distributions reinvested. The prospectus expense ratio is 0.36% a year.

SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, MINT or SHY?
In the year to Oct 28, 2026, with distributions reinvested, MINT returned +4.2% and SHY +1.6%.
Which is cheaper, MINT or SHY?
SHY is cheaper, by 0.21 percentage points a year. That is about $21 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, MINT against SHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/mint-vs-shy

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